Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions and Dispositions (Tables)

v3.2.0.727
Business Acquisitions and Dispositions (Tables)
 6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Revenues and Other Activities Associated with Dealerships Classified as Discontinued Operations

Revenues and other activities associated with dealerships classified as discontinued operations were as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(In thousands)

 

Income (loss) from operations

 

$

(393

)

 

$

(181

)

 

$

(645

)

 

$

(770

)

Gain (loss) on disposal

 

 

-

 

 

 

97

 

 

 

-

 

 

 

53

 

Lease exit accrual adjustments and charges

 

 

(116

)

 

 

(43

)

 

 

(555

)

 

 

(375

)

Pre-tax income (loss)

 

$

(509

)

 

$

(127

)

 

$

(1,200

)

 

$

(1,092

)

Total revenues

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

Revenues and Other Activities Associated with Disposed Dealerships That Remain in Continued Operations

Revenues and other activities associated with disposed dealerships that remain in continuing operations were as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(In thousands)

 

Income (loss) from operations

 

$

(998

)

 

$

719

 

 

$

(1,280

)

 

$

205

 

Gain (loss) on disposal

 

 

1,057

 

 

 

7,260

 

 

 

955

 

 

 

7,624

 

Property impairment charges

 

 

(10,096

)

 

 

-

 

 

 

(10,096

)

 

 

-

 

Pre-tax income (loss)

 

$

(10,037

)

 

$

7,979

 

 

$

(10,421

)

 

$

7,829

 

Total revenues

 

$

4,504

 

 

$

82,783

 

 

$

10,603

 

 

$

155,232